Trading Spot Forex, Equities and Futures using "Long Term Moving Averages" as Support and Resistance. The strategy consist of breakouts from the 800 or 200 simple moving average (sma) Bollinger Band. Will take into account the 800sma, 200 sma, the 50 sma and recent high/lows as support and resistance. Reversal patterns "double bottom" or "double top" near a Bollinger Band will trigger a trade.
The Aud/Nzd pair had made a "head and shoulders pattern" just on the 800sma 8h chart forming a SurpriseBox. A break to the downside away from the box occurred on june 11, 2012. The formation is going very slowly to the downside making alternate up and down swings but keeping "lower lows and lower highs". Expected to reach 2x the neck to top to the downside (about 1.2635). Daily swings may provide trading opportunities.
Disclaimer: I trade the patterns depicted either at the entry point stated (e.g. trading channel, breakouts) or afterward. Although my trades are based on technical analysis, trading forex is a risky activity and may produce significant monetary loss. I only make public the trades that I am considering to make, or made and the rational for them. Not intended necessarily as trading recommendations. By SurpriseTrade@gmail.com
The Aud/Cad pair had made a "bearish engulfing pattern" just on the 800sma 6h chart forming a SurpriseBox. A break to the downside away from the box may provide a trade opportunity. I already placed a trade base on the formation.
Disclaimer: I trade the patterns depicted either at the entry point stated (e.g. trading channel, breakouts) or afterward. Although my trades are based on technical analysis, trading forex is a risky activity and may produce significant monetary loss. I only make public the trades that I am considering to make, or made and the rational for them. Not intended necessarily as trading recommendations. By SurpriseTrade@gmail.com
The NZD/USD had broken the 800sma daily SurpriseBox to the upside mentioned in previous blogs. A "double bottom" on the low end of the box served as a additional signal. The pair had moved over 200pips since mentioned and at present near the target area.
Disclaimer: I trade the patterns depicted either at the entry point stated (e.g. trading channel, breakouts) or afterward. Although my trades are based on technical analysis, trading forex is a risky activity and may produce significant monetary loss. I only make public the trades that I am considering to make, or made and the rational for them. Not intended necessarily as trading recommendations. By SurpriseTrade@gmail.com
The NZD/USD broke the 800sma daily SurpriseBox to the upside. This formed a "double bottom" on the low end of the box. Traded long withtarget near 79.72 corresponding to the 200sma that serves as resistance.The stop was placed at the bottom of the box near 0.7493.
Disclaimer: I trade the patterns depicted either at the entry point stated (e.g. trading channel, breakouts) or afterward. Although my trades are based on technical analysis, trading forex is a risky activity and may produce significant monetary loss. I only make public the trades that I am considering to make, or made and the rational for them. Not intended necessarily as trading recommendations. By SurpriseTrade@gmail.com
The Cad/Nzd broke the 800sma 15min SurpriseBox to the upside. This formed a double bottom on the low end of the box. Traded long with target 1.007 and stop at the bottom of the box at 0.99. Sold at 1.006, just short of the target.
Disclaimer: I trade the patterns depicted either at the entry point stated (e.g. trading channel, breakouts) or afterward. Although my trades are based on technical analysis, trading forex is a risky activity and may produce significant monetary loss. I only make public the trades that I am considering to make, or made and the rational for them. Not intended necessarily as trading recommendations. By SurpriseTrade@gmail.com
The Cad/Nzd broke the 800sma 15min SurpriseBox to the upside. This formed a double bottom on the low end of the box. Traded long with target 1.007 and stop at the bottom of the box at 0.99
Disclaimer: I trade the patterns depicted either at the entry point stated (e.g. trading channel, breakouts) or afterward. Although my trades are based on technical analysis, trading forex is a risky activity and may produce significant monetary loss. I only make public the trades that I am considering to make, or made and the rational for them. Not intended necessarily as trading recommendations. By SurpriseTrade@gmail.com
Looking for a break of the 15min aud/cad surprisebox 800sma.
Disclaimer: I trade the patterns depicted either at the entry point stated (e.g. trading channel, breakouts) or afterward. Although my trades are based on technical analysis, trading forex is a risky activity and may produce significant monetary loss. I only make public the trades that I am considering to make, or made and the rational for them. Not intended necessarily as trading recommendations. By SurpriseTrade@gmail.com
